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B2B Payment Industry Transformation
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Overview
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The B2B payments industry is undergoing a significant transformation driven by technological advancements and changing consumer behavior. Key individuals involved in this transformation include Kelli Svymbersky, Andrew Gleiser, Chris Lolli, Shane Conway, and Ben Lamm. The industry is moving away from legacy systems and embracing modern payment platforms to enhance customer experience, achieve cost savings, and offer flexibility in payment methods. Challenges include addressing inertia from legacy systems and modernizing B2B payment processes.
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How might the shift towards modern payment platforms impact the efficiency and accessibility of B2B transactions?
In what ways could the transformation of the B2B payments industry influence other sectors of the finance industry?
What strategies could be employed to effectively address the ongoing challenge of inertia from legacy systems?
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